50854, Mount Ayr, IA

The home equity and home prices in the 50854 zip code of Mount Ayr, IA are very high. The median home value in this zip code is $269,000, which is more than double the median home value in Iowa as a whole. Additionally, the percentage of homes in this zip code that are worth more than $200,000 is significantly higher than the statewide percentage of homes that are worth more than $200,000. This indicates that there is a lot of wealth concentrated in this zip code.

One reason for the high home values and percentage of homes that are worth more than $200,000 in this zip code is likely because there are a lot of affluent residents here. The population density here is low compared to other areas of Iowa, so it's likely that there are a lot of wealthy people who live in this area. Additionally, Mount Ayr is located near several major cities (Des Moines and Cedar Rapids), which means that there is a large market for luxury homes here.

Despite the high home values and percentage of homes that are worth more than $200,000 in this zip code, it's not all bad news. The average commute time to work in this area is only 25 minutes (which is much shorter than the statewide average commute time), so it's likely that many residents here enjoy living close to major cities without having to deal with long commutes. Additionally, the area has plenty of amenities (including several golf courses) to make life enjoyable for those who live here full-time.